Are you prepared for such an event? If oil hit this level, food prices would soar at the same time the American economy would take a nose dive. I continue to recommend increasing food purchases to have some food stored in case of unexpected shortages. Hopefully, this will never happen but if you simply rotate your food supply you will have “insurance” against disruption.
Gas guzzlers will get pretty cheap if oil shoots up to these levels. Who really needs a 400 HP motor under the hood?